Contract for the Development of Flowers Lane and Purchase of 460 Additional Housing Units
Estimated value
£124.0m
Awarded value
£124.0m
Awarded 31 Oct 2022
Suppliers
1
Lots
1
1 awarded
Published
01 Nov 2022
Deadline 31 Oct 2022
Description
The development agreement relates to sale of Torus62 Developments Ltd's Flowers Lane site to the developer, who will provide build-out of 120 x s.106 units and provide a further 460 x housing units to Torus62 Developments Ltd across various additionality sites. The development agreement is being entered into by Torus62 Development's Ltd for the purpose of providing affordable housing that will support the existing and future needs of the local community.
Scope
- Reference
- BIP726430947
- Total value
- £124,000,000 excluding VAT
- Commercial tool
- Standalone contract
- Contract dates
- 30 Nov 2022 to 01 Nov 2027
- CPV classifications
- 45111291
Submission & procedure
- Submission deadline
- 31 Oct 2022, 12:00 am
Award details
Awarded supplier(s), contract period and value as published in the award notice.
Awarded value
£124.0m
Award date
31 Oct 2022
Contract start
30 Nov 2022
Contract end
01 Nov 2027
Awarded to